For Russian Billionaires, A Full-Scale American Retreat

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For Russian Billionaires, A Full-Scale American Retreat

Russian billionaire Mikhail Prokhorov caused a stir among sports fans this week with news that he might sell his majority stake in the Brooklyn Nets basketball franchise. But the $1.3 billion New York City property isn’t the only thing Prokhorov, the 12th-richest man in Russia, is backing out of. He and other wealthy Russians are suddenly…

This Tiger grand-cub was flat during Q2 but is ready for the return of volatility

Tiger Legatus Master Fund was up 0.1% net for the second quarter, compared to the MSCI World Index's 7.9% return and the S&P 500's 8.5% gain. For the first half of the year, Tiger Legatus is up 9%, while the MSCI World Index has gained 13.3%, and the S&P has returned 15.3%. Q2 2021 hedge Read More


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